Presenting Northwind

Frank CoenenFor InControl SA

CEO Northwind NV

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Northwind project

• Concession granted: 15 May 2006

• Fully permitted– Permit for construction and exploitation– Export Cable Permit– Land cable

• Declaration of public use• Flemish road permit• Federal road permit• Building permit

• Area: 14,5 km²• Water depth: 16 to 29 m• Distance from shore: 37 km

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216 MW

• 72 Vestas turbines V112 3 MW

• Yearly production estimated: 0,875 Terrawatthours= 875 million kilowatthours

Meaning:

• 1% of the yearly electricity consumption in Belgium in 2011.

• Green energy for 230.000 households each year.*

• Reduce CO2 emission by 245.000 tons each year.**

* cfr VREG** cfr Eurostat

Northwind project

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General information

• Turbine model: Vestas V112 – 3.0 MW• Rotor diameter: 112 m

• Foundation type: Monopiles

• Export cable: 220 kV• Length export cable: 43 km

• Construction will start: spring 2013

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Shareholders

Parkwind

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1. Monopile2. Transition piece3. Windturbine

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4. Inter array cables5. OHVS (transformation station)6. Export cable

Connection to transmission grid

Offshore windfarm

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Project management

EPCI - Engineering Procurement Construction Installatie

Supply monopiles

Supply Transition pieces

Supply & termination inter-array cables

Installation hammer

Detailed design

Supply foundation installation vessel

ContractorsWE Power

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Installation export cable & dredging:

Supply and termination land cable:

WTG installation vessel:

Supply and termination export cable:

Contractors

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WTG:

Supply & installation Offshore High Voltage Station:

HV equipment: CG Power systems

Foundation design certification:

Power purchase agreement:

Contractors

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Financial & legal

• BnP Parisbas Fortis

• Mott Macdonald

• Green giraffe

• Loyens & Loeff

• White & Case

• Contrast

• JLT

• Freshfields

• KPMG

Insurance

• Profin• Marsh Belgium• Codan Forsikring A/S• AXA Versicherung AG• AXIS Specialty Europe Ltd.• HDI-Gerling Verzekeringen N.V

Partners

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Belgian content: 50%

•Deme-GeoSea

• Jan De Nul

• CG Power systems Belgium

• GI Windforce

•Vanden Bergh/Heijmans

Belgian content

Other than procurement• WE-Power• Aspiravi Offshore• Electrabel• Loyens Loeff Lawyers• White & Case Lawyers Brussels & London• Contrast Lawyers• Marsh Belgium • KPMG Tax advice

•Freshfields Lawyers Brussels• BNPParibasFortis • Belfius Bank• ING Bank• IMDC• Tractebel-Technum• ONDD-Delcredere.

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TeamPartners

• InControl SA• WE Power• ABS• Aspiravi offshore• Chevalyse• Ensol• EPCM• IMDC• Noren quality consulting• Offshore wind power consulting• Polymira• Qualsurv• SGS• Technum Tractebel• Verenigde fiducaires• Wind Support Limited

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Belgian support

• FOD economy

• Federal authorities

• MUMM

• Flemish authorities

• Elia

• CREG

• DG Leefmilieu

& Northwind team